Amazon pays $85M for Sunrise fulfillment center site

133-acre tract is near Hiatus Road

Miami /
Aug.August 30, 2021 11:30 AM
Amazon CEO Andy Jassy and Amazon founder Jeff Bezos (Getty, iStock)

Amazon CEO Andy Jassy and Amazon founder Jeff Bezos (Getty, iStock)

Amazon paid $84.5 million for a 133-acre tract in Sunrise where it plans to build a fulfillment center.

Jeff Bezos’ e-commerce giant, which has grown as consumers increasingly turn to online shopping, bought the land on the northwest corner of 44th Street and Hiatus Road, records show.

The sellers are Section 18, managed by Curtis Deem; and the Trust Indenture of Martha Cotton Deem Hook, with Walter Deem Jr. as successor trustee.

Seattle-based Amazon already has several South Florida facilities, either completed or under construction. Last year, Miami-Dade County commissioners approved the sale of land at 13200 Southwest 272nd Street near the Homestead Air Reserve Base to Amazon for a fulfillment center. In Miami-Dade, Amazon also leases space at 3200 Northwest 67th Avenue.

Industrial real estate has thrived throughout 2020 and into this year, with Amazon in part boosting the market’s performance. Newmark reported that Amazon leased about 3 million square feet in South Florida last year.






    Related Articles

    arrow_forward_ios
    10100 Northwest 25th Street in Doral, Florida and Seagis Property Group's Bradlee Lord (Google Maps, Cornell)
    Seagis Property Group buys logistics firm’s Doral facility for $19M
    Seagis Property Group buys logistics firm’s Doral facility for $19M
    Clayco affiliate picks up Miramar Park of Commerce for $18M
    Clayco affiliate picks up Miramar Park of Commerce building for $18M
    Clayco affiliate picks up Miramar Park of Commerce building for $18M
    830 Brickell and the co-developers Cain's Jonathan Goldstein and Vlad Doronin (Getty, OKO Group / Cain International)
    Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
    Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
    Estate Companies pays $15M for downtown Hollywood Opportunity Zone site
    Estate Companies pays $15M for downtown Hollywood Opportunity Zone site
    Estate Companies pays $15M for downtown Hollywood Opportunity Zone site
    RK Centers pays $16M for Winn-Dixie-anchored Miramar shopping plaza
    RK Centers pays $16M for Winn-Dixie-anchored Miramar shopping plaza
    RK Centers pays $16M for Winn-Dixie-anchored Miramar shopping plaza
    Highbrook Investors buys three Miami-Dade warehouses for $33M
    HighBrook Investors buys three Miami-Dade warehouses for $33M
    HighBrook Investors buys three Miami-Dade warehouses for $33M
    Seminole Classic Casino (Getty)
    Six hospitalized, more injured after partial drywall cave-in at Broward casino
    Six hospitalized, more injured after partial drywall cave-in at Broward casino
    The assemblage in Flagler Village 
    Flagler Village Opportunity Zone dev site hits market for $31M
    Flagler Village Opportunity Zone dev site hits market for $31M
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...